Have you ever tried to lose a few pounds? You probably decided on a workout plan, and started out on a high note, only to find yourself, a few days or weeks later, indulging in a fully‐loaded carb and sugar party? And those workouts … well, they became fewer and farther between – maybe even nonexistent. Sound familiar?
I’m sure we’ve all been there at one time or the other…at least I have. Go on, it’s okay to admit it.
I’ve been the girl who’s said, “I’m going to lose 10 pounds no matter what!” I got the gym membership, signed up for the classes … I even went out and got my retail therapy on by getting brand‐new super‐cute neon‐colored workout gear. I was totally convinced that the mere (blinding) sight of the neon in my closet would be the motivator I needed to get me to the gym every day.
When it really came down to it and the euphoria from buying that hot neon mess – that I’d never be caught dead wearing at the gym – wore off, I was back to my carb and sugar party, singing, “Woe is me, I’m just not meant to fit into those size 27 jeans.”
The real problem? I just wasn’t ready. I didn’t want it bad enough.
Losing weight is not always easy. It takes a certain level of determination, working out (ugh), eating healthy, and a strong resolve to keep going, even on the suckiest of days when a tub of ice cream is the only thing that can make you feel better.
However, when you do stick to your plan and see the numbers on the scale going down, you’re fitting into jeans that you could barely zip up a couple months ago, and people are complimenting you about how fabulous you look, you feel great! You realize that putting in all that effort was worth it, and you are happier for it.
Well, when it comes to your finances and building wealth, things work in a similar way.
Just like with getting in shape, getting your finances in order does not happen overnight (if it did, we’d all be rich by morning!) and it’s certainly not always fun. Sometimes it can be downright annoying, frustrating, and stressful – but getting things in order is 100% worth it. What’s more, it’s very possible for you to do. The thing is, you first have to decide that you are ready. You have to want to get to a better place with your money badly enough.
So, where do you begin?
You begin with the thoughts you think and the decisions you make around what you want to accomplish. In this case, it’s wanting to get to a place where you achieve financial success and have peace of mind about your finances. Yes, as you work on building wealth it’s super important to focus on having a plan for emergencies, learning to budget, paying off debt, savings goals, and investing – but before you start making those plans, it’s important to have the right mindset in place.
In other words, you have to, first and foremost, decide that you can.
That debt you have that seems so incredibly large – you can pay it off.
Those savings goals that seem so out of reach – you can reach and even surpass them.
Regardless of what challenges or setbacks you may face, making up your mind that you can is the foundation of what will keep you motivated to put in the effort.
You’ll have to come up with ideas to make things work. You’ll have to do things that might not necessarily be ideal. You may make mistakes along the way. But as long as you are not afraid to fail, and as long as you understand that within every failure is a lesson that can propel you forward, you can do whatever you put your mind to.
But first, you have to want your financial success, however you choose to define it, badly enough.
- Write down the answers to the questions below:
- What it is you want to accomplish with your finances?
- Why do you want to accomplish it? What is your why?
- What are the things holding you back? What fears might you have?
- Now pause and consciously decide that you can do this regardless of any setbacks or fears you have.
- Next, write down one simple action you can take right now or in the next few days to counter those fears.
- Finally, get a copy of your why and put it somewhere you’ll see it every day as a constant reminder of why you need to succeed.